B. Riley Issues Positive Estimate for SCM Earnings

Stellus Capital Investment Co. (NYSE:SCM) – Investment analysts at B. Riley raised their Q4 2024 earnings estimates for Stellus Capital Investment in a research report issued on Monday, November 11th. B. Riley analyst B. Rowe now expects that the investment management company will earn $0.45 per share for the quarter, up from their prior forecast of $0.43. The consensus estimate for Stellus Capital Investment’s current full-year earnings is $1.79 per share. B. Riley also issued estimates for Stellus Capital Investment’s Q1 2025 earnings at $0.38 EPS, Q2 2025 earnings at $0.34 EPS, Q3 2025 earnings at $0.42 EPS, Q4 2025 earnings at $0.35 EPS and FY2025 earnings at $1.49 EPS.

Stellus Capital Investment Stock Performance

Shares of SCM opened at $13.77 on Wednesday. Stellus Capital Investment has a 12 month low of $12.48 and a 12 month high of $14.68. The business’s fifty day simple moving average is $13.85 and its two-hundred day simple moving average is $13.90. The company has a current ratio of 0.29, a quick ratio of 0.26 and a debt-to-equity ratio of 1.15. The company has a market cap of $372.59 million, a price-to-earnings ratio of 7.03 and a beta of 1.15.

Stellus Capital Investment Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, November 15th. Investors of record on Friday, November 1st will be issued a $0.1333 dividend. The ex-dividend date is Thursday, October 31st. This represents a yield of 11.3%. Stellus Capital Investment’s payout ratio is 81.63%.

Hedge Funds Weigh In On Stellus Capital Investment

Hedge funds and other institutional investors have recently bought and sold shares of the stock. PSI Advisors LLC raised its stake in Stellus Capital Investment by 91.7% during the 2nd quarter. PSI Advisors LLC now owns 2,300 shares of the investment management company’s stock valued at $32,000 after buying an additional 1,100 shares during the last quarter. Chilton Capital Management LLC increased its position in Stellus Capital Investment by 15.2% during the second quarter. Chilton Capital Management LLC now owns 7,600 shares of the investment management company’s stock valued at $104,000 after acquiring an additional 1,000 shares during the last quarter. Virtu Financial LLC bought a new position in Stellus Capital Investment in the first quarter valued at about $143,000. Farther Finance Advisors LLC lifted its holdings in Stellus Capital Investment by 27.9% in the third quarter. Farther Finance Advisors LLC now owns 13,106 shares of the investment management company’s stock valued at $179,000 after acquiring an additional 2,862 shares during the period. Finally, Concurrent Investment Advisors LLC purchased a new position in Stellus Capital Investment in the second quarter worth about $211,000. Institutional investors own 13.22% of the company’s stock.

About Stellus Capital Investment

Stellus Capital Investment Corporation is a business development company specializing in investments in private middle-market companies. It invests through first lien, second lien, unitranche, and mezzanine debt financing, often with a corresponding equity investment. The fund prefers to invest in US and Canada.